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Finance
KB Kookmin Bank to handle National Police Agency foreign exchange stabilisation fund remittances
KB Kookmin Bank said on April 9 it will carry out overseas remittance work based on the Foreign Exchange Stabilisation Fund executed by the National Police Agency, expanding its public-sector foreign exchange business. The policy fund requires strict verification and management procedures. The bank said stable processing of state payments, including Interpol-related funds, depends on financial infrastructure and internal controls. It plans to broaden operating experience and strengthen capabilities for policy fund remittances.
Industry
South Korea finalises 2026 narcotics control plan covering crackdown and rehabilitation
South Korea has approved its 2026 narcotics control implementation plan, combining tougher crime enforcement with expanded rehabilitation and prevention. The plan sets four strategies and 90 tasks, including twice-yearly joint crackdowns at airports, ports and entertainment venues, dedicated teams to block online distribution, and AI-based detection R&D. It also expands counselling and treatment, boosts campaigns and education, strengthens international cooperation, and rolls out secondary inspections of international mail nationwide.
AI & Enterprise
U.S. withdrawal from international bodies shakes cybersecurity cooperation
The United States is beginning procedures to withdraw from multiple international organisations responsible for cyber security and countering hybrid threats, following instructions from President Donald Trump. The administration decided the bodies are inefficient and not in line with U.S. national interests, Techzine reported, citing Computing. The broader shift would see Washington leave 66 organisations, including the European Centre of Excellence for Countering Hybrid Threats and the Global Forum on Cyber Expertise.
